Navigation Links
China Opens Doors For Foreign Investments In Hospitals Care System

The China's Health Minister, Gao Qiang, recently announced that Beijing is looking into possibilities of foreign investors in their hospital health care system//. To further encourage foreign investments the government is allowing companies to hold as much as 70 percent stake of the private medical facility.

At a press conference the Minister of health said, “Foreign invested hospitals will be strictly supervised by the Chinese government but there will no intervention in the economic management of these hospitals.”

Liu Dong, a representative of the International Financial Corporation (IFC), which is affiliated with the World Bank, told the "China Health Care Public-Private Partnership Forum 2007" Wednesday that IFC plans to invest $700 million in the Chinese market.

IFC has already invested in two joint venture hospitals in China.

Statistics showed that China had 18,703 hospitals in 2005, including 2,027 private hospitals.

Ninety-six percent of China's medical and health resources go into public hospitals, which Gao says is too high. He said the government will put forward a series of reforms in this field to allow more private investment in the country's medical services.

However, more preferential policies are needed to encourage the private and foreign-funded hospitals in China, said Wang Zongyao, deputy secretary-general of the Chinese Hospital Association.

Source-IANS
R.
'"/>




Page: 1

Related medicine news :

1. China tells officials not to hide SARS damage
2. China reports declining number of SARS Cases
3. China says patient may have SARS
4. 15 Anti-SARS Drugs Identified By China-Europe Team of Researchers
5. Adverse Effects Associated with Unauthorised Hepatitis A Vaccine in China
6. Pig Bacterium (Streptococcus suis) Kills 24 In China
7. Watch Out! Pollution hazard from E-waste recycling in India & China
8. French Fries In Cancer Controversy In China
9. China To Distribute Free Condoms To Combat AIDS/HIV
10. HIV Cases Steadily Increasing In China With The Toll Over 1.26 Lakh
11. India And China Discuss Import Of Encephalitis Vaccine
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:5/27/2016)... (PRWEB) , ... May 27, 2016 , ... Two director-level ... as YWCA Tribute to Women and Industry (TWIN) 2016 honorees. The award recognizes ... workplace. For this year, Geri Boone, Director of the MLTSS (Managed Long-Term Services and ...
(Date:5/27/2016)... New York, NY (PRWEB) , ... May 27, 2016 , ... ... or needing intervention to walk, the demand for a sustainable product to aid in ... this void and aid in the recovery of individuals with hemiplegia due to stroke. ...
(Date:5/27/2016)... NY (PRWEB) , ... May 27, 2016 , ... ... with Mediaplanet to help educate the many who are unaware of the plight ... to aphasia will run within the “Stroke Awareness” campaign. , The link between ...
(Date:5/27/2016)... ... May 27, 2016 , ... Aimed at nurses and employees ... which come courtesy of leaders in the nursing and health care industry. It also ... and associations—namely Abilene Christian University. , As the nursing industry is coming out ...
(Date:5/26/2016)... ... 2016 , ... Despite last week’s media reports hinting at a June rate ... until March 2017 for an interest rate increase, according to Rajeev Dhawan of the ... “The Federal Open Market Committee (FOMC) dot charts are of interest to the press ...
Breaking Medicine News(10 mins):
(Date:5/27/2016)... , May 27, 2016 According ... of hypertension is driving ambulatory blood pressure monitoring system ... elasticity and their ability to respond to different pressure ... condition can lead to various cardiovascular disorders such as ... disease. These diseases are growing in prevalence each year. ...
(Date:5/27/2016)... SAN FRANCISCO , May 27, 2016 ... biotechnology company focused on developing products for Regenerative Medicine, Neurology and ... Commissiong will be presenting at two upcoming investor conferences: ... Conference Center, 730 Third Avenue, New York City ... at 3:00pm Marcum MicroCap Conference   ...
(Date:5/26/2016)... 2016 A key trend that ... emergence of new treatments. Cardax, a development stage life ... The therapy is expected to fulfil large unmet medical ... conducting studies to develop new treatments for osteoarthritis. One ... involved in osteoarthritis are being investigated, and early trials ...
Breaking Medicine Technology: